London sees banking jobs jump by a third

London's enjoyed a sharp rise. Picture: Getty
London's enjoyed a sharp rise. Picture: Getty
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The number of jobs created in the City of London – the UK’s financial heart – increased by a third last month to more than 4,000, a new study has shown.

Recruitment firm Astbury Marsden said the jobs boost followed strong financial results in the first quarter of the year by major United States and European investment banks.

Adam Jackson, managing director of Astbury Marsden, said: “The big investment banks are reporting a revival in trading volumes as clients adjust their investment strategies to reflect diverging monetary policies.

“It’s impossible to predict how long these higher trading volumes will be sustained.”

Picture: Getty Images